VinFast and Dat Bike’s 2-wheel EVs a real threat to gas in Vietnam

Vietnam has global ambitions for its locally manufactured electric cars. But with electric two-wheelers getting cheaper and easier to charge, that’s the market where the country is really starting to shine

Vietnam plans to leverage its manufacturing prowess into becoming a regional hub for electric two-wheelers

VinFast, part of the VinGroup conglomerate, is already booking sales of 10,000 units per month of its e-motorbike

Startups targeting a more fashion-forward crowd are gaining traction, too. Dat Bike was able to raise US$2.6 million in venture capital this year

Vietnam itself is a big market, but the country has its sights set on the rest of Southeast Asia, where motorbike ownership has doubled over the past 10 years

Vietnam doesn’t have a long history of its automobiles making international headlines. So when David Beckham unveiled Vietnamese-made automobiles at the Paris Motor Show just three years ago, everyone was interested.

Manufactured by VinFast, a subsidiary of Vietnam’s biggest conglomerate, Vingroup, the luxury cars luxury cars YouTube The VinFast LUX SA2.0 SUV and LUX A2.0 Sedan Read more were a point of pride for the rapidly developing Southeast Asian nation. “Vietnam is now officially on the world map of the auto industry,” the cheery hostess, VinFast’s chairwoman, Le Thi Thu Thuy, announced.

AUTHOR

Mark Barnes

Mark Barnes is a freelance journalist from Australia currently based in Hanoi. He has extensive experience covering Southeast Asia in particular in Vietnam. He has written about a broad range of topics from business, finance, and energy to religion, the environment, and social justice. You can follow him on Twitter at @mbarnesau

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